oil and gas industry

Oil Tanker

Oil price hike catches markets off-guard

Anthony Peters | finance

The pandemic allowed everyone to live in a state of economic delusion. Now, the reality check is chastening.

Natural gas container

Europe still avoiding crisis

Ian Stewart | Europe

Europe is in a stronger position than it was a year ago with gas storage capacity almost full and reliance on Russian gas down.

A man rides his bike past the Lonmin mine outside Rustenburg, in the northwest of Johannesburg November 9, 2012. Mining group Lonmin rejected proposals that would have handed control to its dissatisfied largest shareholder, Xstrata, but instead pushed ahead with a $817 million cash call to repair its battered balance sheet. Xstrata - under pressure as it nears the final stages of its own takeover by Glencore - said it had aimed to protect the value of its investment, a 25 percent stake held as a result of a failed 2008 takeover attempt.

Does the Glencore scandal mark the end of corruption in the oil and gas industry?

Giga Watt | Energy

Regulation and changing norms make the mining giant’s bribery in Africa an outlier. But poor behaviour will not vanish overnight.